Addressing The Need For Estate Planning
It can be incredibly difficult to imagine a future that does not involve you taking care of your family. Even though you may recognize the importance of creating an estate plan, thinking of making arrangements for your final days and what comes after can be an emotional topic to confront.
Whether you need a simple will or complex trust and other documents, at Temmerman, Cilley & Kohlmann, LLP, we can provide you with a full range of estate planning services. Our attorneys can take steps to protect your assets from unforeseen creditors, maintain privacy for your resources, avoid probate, protect beneficiaries and minimize estate taxes. With over six decades of combined experience, our firm can guide you onto the path of certainty for your family’s future.
What Does The Estate Planning Process Include?
While you cannot take your assets with you when you pass away, you can control what happens to your property and resources. Our lawyers can ensure that your instructions are followed and wishes carried out. Upon understanding your needs, we can begin setting up the documents and entities you need, depending on your unique circumstances. Our estate planning lawyers can assist with:
- Drafting a will
- Planning provisions for family members with special needs
- Minimizing legal fees and probate court costs
- Naming an estate administrator and guardian for your children
- Updating your life insurance and annuities
- Providing general counsel, reviewing and updating your estate plan
- Writing instructions to divvy up your assets
- Planning and overseeing transfer of your businesses should you retire or become disabled or incapacitated
Whether you are developing your first estate plan or seeking a review of or revision to an existing plan, our lawyers are prepared, willing and able to provide focused attention on your goals.
When A Living Trust Could Be Beneficial
If you have a large estate or diverse assets, you may benefit from creating a living trust as part of your estate plan. This keeps your assets safe and appoints a third-party trustee, who acts in the best interests of the beneficiaries or your loved ones.
This can be a complex decision to come to on your own. We can assist in reviewing and discussing any documents you have, as well as your immediate, short-term and long-term goals for the control and ultimate transfer of assets to beneficiaries. If a trust is the best option, we can advise you of your options.
Providing Counsel And Advice On Unique Estate Planning Matters
Each estate plan is unique, created specifically with your goals and needs in mind. To assist you in creating an estate plan that fits the needs of you and your family, we provide counsel and advice on the creation of:
- Trusts (revocable and irrevocable, intentionally defective grantor, special needs, charitable remainder and lead, qualified personal residence, grantor retained annuity)
- Powers of attorney and advance health care directives
- Nominations of guardians
- Prenuptial and postnuptial agreements
We are also prepared to assist with complex estate planning cases and concerns related to the structure of a business, financial matters, fiduciary selection and concerns on communicating goals to loved ones. Whether you need advice on the creation of family limited partnerships, corporations or limited liability companies or an analysis on beneficiary designations for retirement, annuity and life insurance plans, we possess the skills and experience to provide you with sound guidance.
Creating a blueprint for your family’s future is not something you do once and then forget about. Your life, your loved ones and your resources are always changing. We do more than just help you decide how to divide and manage your assets. We stay with you through every loss, gain and change in your life, making certain your beneficiaries are provided for and your family has access to the future you envisioned for them.